Hi Sir.
I forget to deduct TDS form professional charges and i have paid full amount without TDS Deduction, here after what i have to do , how to pass journal entry for this any one can teach me pls

I have 2 separate business - one of service provider and one of retail shop.

2 separate business in 2 different names


Since I am sole proprietor,Kindly guide me whether I should obtain 2 separate gst registration certificates or only one certificate. Thanks

Dear Sir/Madam,

I Have query regarding GST on professional fees & rent paid to directors. GST to be paid on RCM basis on services provided by director however if director issue Tax invoices charging GST & same has been paid to government by the director himself, then is there is any GST liability arises on part of said company. What if company also taken ITC of same invoices of director.

Dear sir/madam

Please kindly help me how to tds certificate form 16 a download procedure can you please give me the sollution

Is there an exemption for NBFCs from deducting TDS on interest on its term loan borrowings. If so, kindly provide the relevant section/circular of income tax/rbi. thanks

Dear Sir,

My car service showroom located in hyderabad. I provided service to a vehicle which was registered in other state but customer resides in hyderabad .Is IGST will be levied or CGST & SGST will be levied.

I Provided service in hyderabad & customer received his service in hyderabad. The only issue is vehicle was other sate registered vehicle.Is bill was raised with IGST or CGST & SGST???

Please suggest this on this issue.

Dear Sir,

Following servicing income can be shown under section 44AD of Income tax Act, 1961

1) Diamond Labour Income

2) Printing Income

Please reply immediately

Health insurance, hospitalization insurance etc provided to employees. Whether GST credit of these available to a software company ?
If so under which section ?

My client joined her job in FY 2014-15
But she received her first salary in FY 2016-17. In November 2016 only she received her salary for FY 2014-15 & 2015-16.

In FY 2016-17 she received RS 11,70,361. ( Rs 412,634 as current year salary and Rs 757,727 as arrears salary )

On computing the tax liability after 80 C deductions of Rs 97,378 her tax liability become RS 151,301 and relief under section 89 is Rs 147,025. So her employer deducted Rs 4,276 as TDS

She filed the return

Now tax demand notice received for interest u/s 234 B & 234 C received amounting Rs 14,771

Interest U/s 234 B & C calculated for the total tax liability of 151,101.

Is it correct ?

i completed my Final Group-1 and i want to convert to new syllabus
so i am exempted Group-1 under New syllabus